Question

One result of the Tea Act of 1773 was

• A. a sharp decline in tea exports from British East India
• B. an increase in the price of coffee beans
• C. a drop in profits among American colonial tea merchants
• D. an immediate violent response from the American colonists
• E. a disruption of British trade in tobacco and sugar

Answer 1

Answer: (C)

a drop in profits among American colonial tea merchants

One result of the Tea Act of 1773 was a drop in profits among American colonial tea merchants. The Tea Act passed by Parliament on May 10, 1773, granted the British East India Company Tea a monopoly on tea sales in the American colonies.